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African Gold Group, Inc., Kobada "Zone 1" Resources Estimate Will Increase
Wednesday, September 23, 2009 9:51 AM


(Source: MARKETWIRE)trackingAfrican Gold Group, Inc., ("AGG" or the "Company") (TSX VENTURE: AGG) is pleased to report that, the Company recently engaged Senior Geologist, Mr. Pierre Lalande, P. Geo., to conduct a comprehensive review and analysis of AGG's Kobada, Mali gold project. Mr. Lalande's priorities for the Kobada gold project include:

- Conducting an independent review and analysis of the complete Kobada data base, consisting of all historical drill and analytical data compiled by the previous owners, (the BRGM, La Source and Cominor SA), as well as, all drill and analytical data generated by AGG, since acquiring Kobada, through the course of its exploration program(s), which commenced with diamond drilling in November 2005;

- Prepare an independent report, based on the analysis of the entire Kobada data base, that detailed Lalande's findings and conclusions with respect to Kobada's potential;

Mr. Lalande is a career geologist with approximately 40 years of field experience of which the vast extent of this experience has been spent and is currently being spent in West Africa. From 1970 - 1994 Pierre was a Senior Geologist with Watts, Griffis and McOuat Ltd. From 1994 - 2001 Pierre served as Chief Geologist for IAMGOLD Corp., and from 2001 - 2005 as Technical Advisor to Orezone Resources Inc. The West African projects that Pierre contributed in adding value to include: Sadiola (Mali), Yatela (Mali), Siguri (Guinea), Kiniero (Guinea) and Samira-Libiri (Niger).

AGG filed its Initial National Instrument 43-101 compliant Mineral Resources Estimate for its Kobada, Mali gold project on SEDAR on May 15, 2008.

The Mineral Resources estimate was completed by Watts, Griffis and McOuat Limited of Toronto ("WGM"), a well respected international consulting firm.

In summary, WGM estimates that "Zone 1" of the Kobada deposit, representing approximately 10% of the overall Kobada Trend, as presently outlined, contains an Inferred Mineral Resource of between 450,000 ounces of gold and 740,000 ounces of gold as follows:

-------------------------------------------------------------------
     Inferred Mineral Resources - "Zone 1" Kobada Project, Mali
-------------------------------------------------------------------
                         No Assay Cutting   Assays Cut to 10 g Au/t
Cut-off      Tonnage  ---------------------------------------------
Grade                 Avg. Grade  Contained Avg. Grade    Contained
(g Au/t)    (x 1,000)    (g Au/t)    Ounces    (g Au/t)      Ounces
-------------------------------------------------------------------
0.3           18,381        1.25    738,080       1.11      657,386
-------------------------------------------------------------------
0.5            8,482        1.99    542,804       1.72      470,461
-------------------------------------------------------------------
1.0            5,569        3.02    540,933       2.53      452,320
-------------------------------------------------------------------

The complete 43-101 report is available for public viewing at:

www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00020520

Mr. Lalande has drawn a number of conclusions from his extensive review of the entire Kobada data base. The following is of great significance to AGG and its shareholders:

- The Initial 43-101 compliant Mineral Resources Estimate for "Zone 1" of the Kobada deposit, completed by WGM and filed on SEDAR on May 15, 2008, excluded 100% of the Reverse Circulation ("RC") drill data and analytical results that were generated by the previous owners of Kobada (The BRGM, La Source and Cominor SA). This was not understood by AGG prior to its review of Lalande's independent review of the Kobada data base.

- Upon inquiring of WGM with respect to the omission of the historical RC drill data, it was ascertained that the historical RC drill information was excluded from the "Zone 1" 43-101 Mineral Resources Estimate for the following reasons: 1/ WGM was unable to re-check the historical samples generated by the previous owners due to the extensive passage of time and therefore sample degradation; 2/ the historical analytical results, from the previous owners RC campaigns, were from (small) 15 gram aliquot, tri-acid digestion, MIBK extraction and AAS (Atomic Absorption Spectroscopy) as compared to AGG's analysis by 50 gram fire assay (FA50) with approximately 25% of the samples re-assayed by Metallic Screened Fire Assay on 1 kg aliquot (SFA).

- The previous owners drilled 135 RC drill holes within "Zone 1" of the Kobada deposit. Drill fences were collared on 100 meter sections over 1.2 km of strike. These RC drill hole fences were focused on defining the oxide mineralization from surface to a maximum vertical depth of 110 meters and averaged 80 vertical meters, from surface.

- Mr.



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